Fiscal policy
Georgiadis: Kasselakis calls for reduction in healthcare
The Minister of Health emphasised growth in public expenditure in healthcare
Higher primary surplus in 2023
Last year's primary surplus in Greece proved significantly higher than the budget estimate for 1.1% of gross domestic product, reaching 1.9% of GDP and making it easier to meet this year's target of 2.1% of GDP.
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Government debt stock at 7.5 trillion Turkish Liras
The central government debt stock was 7.5 trillion Turkish Liras ($232 billion) at the end of March, the Treasury and Finance Ministry has said.
Some 2.7 trillion liras of the debt stock is denominated in the local currency, and 4.8 trillion liras is denominated in foreign currencies, the ministry said in a statement.
More years of work, lower pensions
Today's teenagers, the children born during the debt crisis of the previous decade, who will enter the labor market around 2030, will be able to retire at the age of 72.5 having worked at least 38.5 years, according to the European Commission's 2024 Aging Report - Economic and Budgetary Projections for the EU Member-States 2022-2070.
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Fiscal policy to support Central Bank’s fight against inflation: Şimşek
Treasury and Finance Minister Mehmet Şimşek has said they will continue to support the Central Bank's fight against inflation with fiscal policy.
The economic program aims to restore price stability and fiscal discipline while addressing macroeconomic challenges, such as reducing the current account deficit, Şimşek stressed.
Papathanasis points to SME funding at Delphi
Funds amounting to 4 billion euros have been allocated specifically for small and medium-sized enterprises, Alternate Minister of National Economy and Finance Nikos Papathanasis said on Friday at the Delphi Economic Forum.
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Meeting between Gentiloni and Hatzidakis: “The Greek economy is performing better than the EU average”
During their meeting, the new framework of fiscal rules, the course of implementation of the Recovery Fund, as well as tax policy issues were discussed
Hatzidakis: Gov’t needs to stick to its budget
National Economy and Finance Minister Kostis Hatzidakis told the Parliament's Finance and European Affairs Committees on Thursday that the government will "have to be serious as regards fiscal policy and we will be. We believe in fiscal seriousness."
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Important decade for Greek debt
The European Commission considers the period between 2025 and 2034 to be high-risk and critical for the sustainability of the Greek debt, after which, if it is overcome, in the long term and until 2070, Greece will be a low-risk country on this front.
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Wasting time
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